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Amendments in Central Tax Rate, Integrated Tax Rate and Union Territory Tax Rate

Circular No.ES/ 187 /2017-18                                                                                October 17, 2017  

To: Members of the Council

Sub: Amendments in Central Tax Rate, Integrated Tax Rate and Union Territory Tax Rate

Reg.: Recommendations made by the GST Council’s in its 22nd Meeting held on 06.10.2017

Dear Sir,

Kindly refer to Council’s earlier Circulars informing about the recommendations made by the GST Council’s in its 22nd Meeting held on 06th October, 2017.  

Now CBEC has issued Notification making certain amendments in Central Tax Rate, Integrated Tax Rate and Union Territory Tax Rate which are given here-below : -

  • CENTRAL TAX

As per Notification No. 34/2017-Central Tax (Rate) dated 13th October, 2017 CBEC has further made amendments in Notification No.1/2017-Central Tax (Rate), dated the 28th June, 2017.

In this regard, we are reproducing here-below the relevant extract of the Notification.

In the said notification,-

(A)       in Schedule I - 2.5%,-

(xii)      after S. No. 218 and the entries relating thereto, the following serial number and the entries shall be inserted, namely: -

 218A

5605 0010

Real zari thread (gold) and silver thread, combined with textile thread”;

(B)       in Schedule II-6%,-

(v)        after S. No. 132 and the entries relating thereto, the following serial numbers and entries shall be inserted, namely: -

“132A

5401

Sewing thread of manmade filaments, whether or not put up for retail sale

132B

5402, 5403, 5404,5405,5406

Synthetic or artificial filament yarns

132C

5508

Sewing thread of manmade staple fibres

132D

5509, 5510, 5511

Yarn of manmade staple fibres”;

(vi)       in S. No. 137, in the entry in column (3), the words and figures “such as Real zari thread (gold) and silver thread, combined with textile thread),” shall be omitted;

(C)       in Schedule III- 9%,-

(vii)      S. No. 158 and entries related thereto shall be omitted;

(viii)     in S. No. 159, for the entry in column (3), the entry “All goods other than synthetic filament yarns”, shall be substituted;

(ix)       in S. No. 160, for the entry in column (3), the entry “All goods other than artificial filament yarns”, shall be substituted;

 

  • INTEGRATED TAX

As per  Notification No. 35/2017- Integrated Tax (Rate) dated 13th October, 2017, CBEC has further made amendments in  Notification No.1/2017-Integrated Tax (Rate), dated the 28th June, 2017.,

In this regard, we are reproducing here-below the relevant extract of the Notification.

In the said notification,-

  1. in Schedule I - 5%,-

(xii)      after S. No. 218 and the entries relating thereto, the following serial number and the entries shall be inserted, namely: -

 “218A

5605 0010

Real zari thread (gold) and silver thread, combined with textile thread”;

 

(B)       in Schedule II-12%,-

(v)        after S. No. 132 and the entries relating thereto, the following serial numbers and entries shall be inserted, namely: -

“132A

5401

Sewing thread of manmade filaments, whether or not put up for retail sale

132B

5402, 5403, 5404,5405,5406

Synthetic or artificial filament yarns

132C

5508

Sewing thread of manmade staple fibres

132D

5509, 5510, 5511

Yarn of manmade staple fibres”;

(vi)       in S. No. 137, in the entry in column (3), the words and figures “such as Real zari thread (gold) and silver thread, combined with textile thread),” shall be omitted;

(C)       in Schedule III-18%,-

(vii)      S. No. 158 and entries related thereto shall be omitted;

(viii)     in S. No. 159, for the entry in column (3), the entry “All goods other than synthetic filament yarns”, shall be substituted;

(ix)       in S. No. 160, for the entry in column (3), the entry “All goods other than artificial filament yarns”, shall be substituted;

 

  • UNION TERRITORY TAX

As per  Notification No. 34/2017- Union Territory Tax (Rate) dated 13th October, 2017, CBEC has made further amendments in  Notification No.1/2017-Union Territory Tax (Rate), dated the 28th  June, 2017.

In this regard, we are reproducing here-below the relevant extract of the Notification.

In the said notification,-

  1. in Schedule I - 2.5%,-

(xii)      after S. No. 218 and the entries relating thereto, the following serial number and the entries shall be inserted, namely: -

 “218A

5605 0010

Real zari thread (gold) and silver thread, combined with textile thread”;

  1. in Schedule II-6%,-
  1. after S. No. 132 and the entries relating thereto, the following serial numbers and entries shall be inserted, namely: -

“132A

5401

Sewing thread of manmade filaments, whether or not put up for retail sale

132B

5402, 5403, 5404,5405,5406

Synthetic or artificial filament yarns

132C

5508

Sewing thread of manmade staple fibres

132D

5509, 5510, 5511

Yarn of manmade staple fibres”;

(vi)       in S. No. 137, in the entry in column (3), the words and figures “such as Real zari thread (gold) and silver thread, combined with textile thread),” shall be omitted;

(C)       in Schedule III-9%,-

(vii)      S. No. 158 and entries related thereto shall be omitted;

(viii)     in S. No. 159, for the entry in column (3), the entry “All goods other than synthetic filament yarns”, shall be substituted;

(ix)       in S. No. 160, for the entry in column (3), the entry “All goods other than artificial filament yarns”, shall be substituted;

Members may please make a note of the above changes.

Thanking you,

S.BALARAJU
EXECUTIVE DIRECTOR

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